Description
Maher Commercial Realty is pleased to present this unique opportunity to purchase a +/- 4,000 square foot retail building. The building is situated on a +/- 4,290 square foot lot, zoned LCC3 and located in South Los Angeles.
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Can be delivered vacant or with LOI’s in hand offering an approximate 7.7% in-place cap rate upon purchase.
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Successful Hardware Store with an Estimated $360,000 in equipment sold with Property (no cost for inventory to successful Buyer)
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Perfect for Owner-User/Investor
Strategically positioned between 7-Eleven and El Super (rapidly expanding supermarket chain), the subject property enjoys prime visibility and accessibility. Just east of Firestone Blvd and Central Ave, this intersection is the main retail corridor serving the surrounding 53,000 single-family homes with an average of 4.2 persons per household in a 2-mile radius. From national brands like KFC, Taco Bell, Family Dollar, Church’s, and Burger King, to local services like laundry, auto repair, florist, barbershop, mobile phone provider, and church, 1118 Firestone is in the center of it all.
Property Features:
- List Price: $695,000
- Building Sq.Ft: ±4,000 SF
- Lot Size Sq.Ft.: ±4,290 SF
- Price Per Sq.Ft.: $173.75
- Zoning: LCC3
- APN: 6043-001-006
